Procter & Gamble
American multinational consumer goods corporation
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2025 | Returned to soap operas with 'Beyond the Gates', a co-production with CBS Studios and the NAACP. |
2024 | WIPO's annual World Intellectual Property Indicators review recognized Procter & Gamble's significant design innovation achievements. |
2024 | Projected continued growth with revenue estimated at $84,039 million, net income of $14,879 million, and employee count reaching 108,000. |
2023 | The company began optimizing its product offering, planning to eliminate the bottom 25% of SKUs that contribute minimally to absolute retail sales. |
2023 | Procter & Gamble ranked 2nd globally in the World Intellectual Property Organization's (WIPO) annual World Intellectual Property Indicators, with 525 designs published under the Hague System for industrial design registrations. |
2023 | P&G was recognized as one of Forbes World's Most Reputable Companies. |
2023 | Revenue slightly increased to $82,006 million with net income of $14,653 million, and workforce growing to 107,000 employees. |
2023 | P&G began optimizing its product offering, planning to eliminate the bottom 25% of SKUs that contribute very little to absolute retail sales. |
2023 | P&G was ranked 55th in the Forbes Global 2000 list. |
2022 | The Ukrainian National Agency for Prevention of Corruption (NACP) placed Procter & Gamble on the list of International Sponsors of War for continuing to operate two factories in Russia during the Russian invasion of Ukraine: a Gillette razor manufacturing plant in Saint Petersburg and a toiletries manufacturing plant in Tula Oblast. |
2022 | Another strong year with revenue climbing to $81,286 million, net income increasing to $15,306 million, and employee count rising to 103,000. |
2021 | Continued growth with revenue reaching $76,118 million, net income of $14,035 million, and workforce expanding to 101,000 employees. |
2021 | Jon Moeller became the chairman, president, and CEO of Procter & Gamble. |
September 2021 | P&G announced a new environmental ambition to achieve net zero emissions across its operations and supply chain by 2040, demonstrating a strong commitment to reducing its carbon footprint. |
2020 | P&G showed resilience during the COVID-19 pandemic, with revenue increasing to $70,950 million and net income rebounding to $12,764 million, while expanding to 99,000 employees. |
December 31 2020 | Procter & Gamble reported total CO2e emissions of 2,619 kilotonnes (kt), marking a significant 35.5% decrease from the previous year's emissions. |
June 2020 | Procter & Gamble achieved gender parity on its board of directors, with an equal number of men and women serving as board members. |
February 2020 | Joined Imagine Documentaries' five-project slate, including the near-production project 'Mars 2080'. |
January 2020 | Agreed to a longform series deal with Stone Village Television. |
2019 | Gillette shaving business experienced an $8 billion write-down in value, with the company attributing this to multiple factors including currency fluctuations, new competitors, and declining demand for shaving products. |
2019 | Funded a six-episode series 'Activate' on National Geographic, focusing on extreme poverty, inequality, and sustainability. |
2019 | Company experienced a notable drop in net income to $3,897 million, despite a slight increase in revenue to $67,684 million and workforce growth to 97,000 employees. |
May 2019 | Renamed the acquired Merck Group consumer health division to Procter & Gamble Health Limited. |
January 2019 | Procter & Gamble CEO David Taylor publicly advocated for gender diversity, stating that the company should have a board of directors composed of 50% women, highlighting the importance of representation given that their products are primarily sold to women. |
January 14 2019 | Gillette (a P&G subsidiary) released 'The Best Men Can Be' advertisement addressing toxic masculinity, which became highly controversial and one of the most disliked videos on YouTube. |
2018 | The 'The Talk' advertisement won the Cannes Lions International Festival of Creativity Grand Prix. |
2018 | The 'The Talk' advertisement won the Primetime Emmy Award for Outstanding Commercial during the 70th Primetime Creative Arts Emmy Awards. |
2018 | The fabric and home care division became the largest segment of P&G's business, accounting for 32% of the company's total net sales. |
2018 | Reported annual earnings of US$9.750 billion and annual revenue of US$66.832 billion, representing a 2.7% increase from the previous fiscal year. |
2018 | Ranked No. 42 on the Fortune 500 list of the largest United States corporations by total revenue. |
2018 | Launched Pampers Pure collection, a 'natural' diaper alternative addressing parental concerns about diaper ingredients. |
December 2018 | P&G completed the acquisition of the consumer health division of Merck Group for €3.4 billion. |
November 2018 | P&G unveiled a simplified corporate structure with six business units, to be effective from July 2019. |
October 2018 | Company's market capitalization was valued at over US$221.5 billion. |
2017 | Procter & Gamble released the controversial advertisement 'The Talk' as part of the 'My Black is Beautiful' platform, depicting African American mothers discussing racism with their children across different decades. |
2017 | P&G was recognized as one of Forbes World's Most Reputable Companies. |
2017 | Procter & Gamble's shares traded at over $86 per share. |
April 2017 | Sold the People's Choice Awards to the E! channel. |
2016 | Produced Olympic Games advertising campaign for Rio Games, featuring stories of athletes' youth and maternal support, using Ludovico Einaudi's 'Divenire' music. |
2016 | P&G was recognized as one of Forbes World's Most Reputable Companies. |
October 3 2016 | The sale of beauty brands to Coty was completed. |
February 2016 | P&G completed the transfer of Duracell to Berkshire Hathaway through an exchange of shares. |
2015 | P&G was recognized as the top advertiser in the United States, spending $4.3 billion on advertising various brands. |
November 2015 | P&G was named the Careers in Africa Employer of Choice following a survey of over 13,000 African professionals, and recognized as the most desirable FMCG business to work for in Africa. |
October 2015 | A.G. Lafley stepped down as chairman and CEO after leading the company's strategic simplification efforts. |
July 2015 | P&G announced the sale of 43 beauty brands to Coty for US$13 billion, citing sluggish growth in its beauty division. |
March 2015 | P&G divested its Vicks VapoSteam U.S. liquid inhalant business to Helen of Troy, marking the first health-related divestiture in its brand-restructuring operation. |
2014 | The company recorded $83.1 billion in sales, marking a significant financial milestone. |
2014 | Began sponsoring the Winter Olympics. |
2014 | P&G recorded $83.1 billion in sales for the year. |
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